Lbp Am Sa Makes New Investment in Ross Stores, Inc. $ROST

Lbp Am Sa purchased a new stake in Ross Stores, Inc. (NASDAQ:ROST) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 25,173 shares of the apparel retailer’s stock, valued at approximately $3,836,000.

A number of other large investors have also recently modified their holdings of ROST. Aspect Partners LLC boosted its stake in shares of Ross Stores by 251.7% during the second quarter. Aspect Partners LLC now owns 204 shares of the apparel retailer’s stock valued at $26,000 after purchasing an additional 146 shares during the period. American National Bank & Trust purchased a new stake in Ross Stores during the 3rd quarter valued at $26,000. Grey Fox Wealth Advisors LLC purchased a new position in Ross Stores during the third quarter valued at $29,000. E Fund Management Hong Kong Co. Ltd. raised its holdings in Ross Stores by 162.6% during the third quarter. E Fund Management Hong Kong Co. Ltd. now owns 239 shares of the apparel retailer’s stock valued at $36,000 after acquiring an additional 148 shares during the period. Finally, Ameritas Advisory Services LLC bought a new position in shares of Ross Stores during the 2nd quarter valued at about $38,000. Institutional investors own 86.86% of the company’s stock.

Ross Stores Stock Down 0.8%

Shares of NASDAQ:ROST opened at $186.00 on Wednesday. The stock’s 50-day moving average price is $182.36 and its two-hundred day moving average price is $161.01. The firm has a market cap of $60.16 billion, a price-to-earnings ratio of 29.06, a PEG ratio of 3.58 and a beta of 1.01. Ross Stores, Inc. has a 12-month low of $122.36 and a 12-month high of $194.92. The company has a current ratio of 1.52, a quick ratio of 0.90 and a debt-to-equity ratio of 0.17.

Ross Stores (NASDAQ:ROST) last issued its quarterly earnings results on Thursday, November 20th. The apparel retailer reported $1.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.38 by $0.20. The business had revenue of $5.60 billion during the quarter, compared to analyst estimates of $5.38 billion. Ross Stores had a net margin of 9.47% and a return on equity of 36.75%. The business’s revenue was up 10.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.48 earnings per share. Ross Stores has set its FY 2025 guidance at 6.380-6.46 EPS and its Q4 2025 guidance at 1.770-1.85 EPS. On average, research analysts forecast that Ross Stores, Inc. will post 6.17 EPS for the current year.

Ross Stores Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 9th were paid a $0.405 dividend. The ex-dividend date of this dividend was Tuesday, December 9th. This represents a $1.62 dividend on an annualized basis and a yield of 0.9%. Ross Stores’s dividend payout ratio (DPR) is currently 25.31%.

Wall Street Analysts Forecast Growth

ROST has been the topic of several recent analyst reports. Sanford C. Bernstein reissued a “market perform” rating and issued a $170.00 target price on shares of Ross Stores in a research note on Tuesday, January 6th. Deutsche Bank Aktiengesellschaft set a $221.00 price target on shares of Ross Stores in a report on Thursday, January 8th. Wall Street Zen raised Ross Stores from a “hold” rating to a “buy” rating in a report on Saturday, November 15th. Robert W. Baird set a $200.00 price objective on Ross Stores in a report on Wednesday, December 17th. Finally, Erste Group Bank began coverage on shares of Ross Stores in a report on Friday, October 31st. They issued a “buy” rating on the stock. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $186.41.

Ross Stores Profile

Ross Stores, Inc (NASDAQ: ROST) is an American off‑price retailer headquartered in Dublin, California, that operates the Ross Dress for Less and dd’s DISCOUNTS store formats. The company sells a broad assortment of apparel, footwear, home fashions, accessories and other soft goods, positioning itself as a value-oriented destination for brand‑name and fashion merchandise at reduced prices.

Ross’s business model centers on opportunistic buying of excess inventory, closeouts, cancelled orders and overstocks from manufacturers, department stores and other suppliers.